Adveco Group Inc. (ADVV) Financial Statements (2023 and Earlier)
Company Profile
| Business Address |
ROOM 1424 BLOCK 3 HUBEI, 050061 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 513 - Apparel, Piece Goods, And Notions (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 33 | |||
| Cash and cash equivalents | 33 | |||
| Receivables | 82 | |||
| Inventory, net of allowances, customer advances and progress billings | 697 | |||
| Inventory | 697 | |||
| Other undisclosed current assets | 315 | |||
| Total current assets: | 1,128 | |||
| Noncurrent Assets | ||||
| Property, plant and equipment | 895 | |||
| Intangible assets, net (including goodwill) | 2,418 | |||
| Intangible assets, net (excluding goodwill) | 2,418 | |||
| Other undisclosed noncurrent assets | 5,011 | |||
| Total noncurrent assets: | 8,324 | |||
| TOTAL ASSETS: | 9,452 | |||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities, including: | 117 | 4 | ||
| Accounts payable | 944 | 4 | ||
| Taxes payable | 49 | |||
| Other undisclosed accounts payable and accrued liabilities | (877) | |||
| Debt | 389 | |||
| Due to related parties | 17,035 | 4 | ||
| Other undisclosed current liabilities | 1,018 | |||
| Total current liabilities: | 18,559 | 8 | ||
| Noncurrent Liabilities | ||||
| Total liabilities: | 18,559 | 8 | ||
| Stockholders' equity | ||||
| Stockholders' equity attributable to parent, including: | (9,107) | (8) | ||
| Common stock | 434 | 7 | ||
| Additional paid in capital | 2,870 | 29 | ||
| Accumulated other comprehensive income | 256 | |||
| Accumulated deficit | (12,649) | (43) | ||
| Other undisclosed stockholders' equity attributable to parent | (18) | |||
| Total stockholders' equity: | (9,107) | (8) | ||
| TOTAL LIABILITIES AND EQUITY: | 9,452 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|
| Revenues | 1,656 | 48 | |
| Revenue, net | ✕ | 48 | |
| Cost of revenue | (1,463) | (18) | |
| Gross profit: | 193 | 30 | |
| Operating expenses | (3,627) | (44) | |
| Operating loss: | (3,434) | (14) | |
| Nonoperating expense (Other Nonoperating expense) | (32) | (24) | |
| Interest and debt expense | (43) | ||
| Loss from continuing operations before equity method investments, income taxes: | (3,509) | (38) | |
| Other undisclosed income from continuing operations before income taxes | 43 | ||
| Net loss available to common stockholders, diluted: | (3,466) | (38) | |
Comprehensive Income ($ in thousands)
| 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|
| Net loss: | (3,466) | (38) | |
| Other comprehensive income | 224 | ||
| Comprehensive loss, net of tax, attributable to parent: | (3,241) | (38) | |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.